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Intelligent Highway Market - Global Industry Scenario, Trends, Size, Share, and Forecast 2018
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An intelligent highway finds its application in different sectors such as government intervention and highway systems, among others. It will help in traffic management and congestion control. It will also help to avoid the controversies related to tolling of highways and roads and will be easy to keep track of the payment made on the road.
Apart from the use of the intelligent highway technology, the price of crude oil matters in this market. Gasoline is consumed in huge amounts since an automobile is the basic means of transport. The price of gasoline differs a little since the tax rates vary from one state to another. Apart from this, there are several other factors affecting the price of gasoline.
The introduction of intelligent highway markets will further add a new chapter to the technological advancement of highways. Some of the benefits of the intelligent highway would be safety, unbiased transactions, and ease in handling the complexities of highway functioning.
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